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Slide #28. Melior Resources Inc. — 100% of Belridge Enterprises Pty Ltd
Melior Resources Inc. (CVE:MLR.CA)
100% of Belridge Enterprises Pty Ltd
Melior Resources Inc. (TSXV: "MLR") ("Melior" or the "Corporation"), a Tier 1 Investment Issuer listed on the TSX Venture Exchange ("Exchange"), is pleased to announce that it has entered into a share sale and purchase agreement dated as of March 31, 2014 (the "Share Purchase Agreement") with respect to the acquisition (the "Proposed Transaction") of 100% of the issued and outstanding shares of Belridge Enterprises Pty Ltd ("Belridge"). Belridge is an Australian incorporated company which owns the Goondicum Ilmenite Project (the "Goondicum Project") located in Queensland, Australia. The Proposed Transaction will constitute a "Change of Business" transaction of the Corporation in accordance with Policy 5.2 of the Exchange.
Melior Resources is an investment company with a focus on making strategic investments in resource-based opportunities offering capital appreciation potential, in particular debt or equity participation in investee companies with projects nearing maturity.
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